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The Neuk Farm, Lundie, Dundee, DD2 - Image 1
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The Neuk Farm, Lundie, Dundee, DD2

Scotland

£140,000
Listed on 14/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique chance to acquire a substantial plot of approximately 1200m², complete with planning permission in principle for the construction of a single dwelling. In addition, there is an accompanying one-acre paddock, enhancing the appeal for those interested in outdoor space or agricultural potential. Situated among three available plots, this option stands out due to its elevated position, which offers expansive views over the picturesque countryside. This serene setting is ideal for creating a personalized home that takes full advantage of its natural surroundings. The location strikes an excellent balance between a tranquil rural lifestyle and easy access to urban amenities. Nestled between the quaint village of Newtyle and the bustling city of Dundee, residents will benefit from straightforward commuting options while enjoying the peace of country living. This plot not only offers a chance for personal home development but also represents significant investment potential in an attractive area. Whether you envision building your dream residence or leveraging it as part of a larger development strategy, this property provides a solid foundation for future endeavors.

Investment Analysis

(DD2 area)
Area Average
£196/sq ft
Avg Rent (weekly)
£183
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
125%
Properties sold annually

Local Market Trend (DD2)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 5.8%
5 year growth: -2.9%
Investment Disclaimer: Analysis based on DD2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

The Neuk Farm, Lundie, Dundee, DD2
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£513
Based on a loan of £105,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE